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Company:
Ocean Spray Cranberries, Inc.
Plan:
Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc.
 

Ocean Spray Cranberries, Inc.

82 Plan:

 
 
82
8
63
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (82) and the top rated plan (90) could equate to:
[How is this calculated?]
7 additional years of work
Up to $41,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc. currently has over 1,100 active participants and over $129.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Managed Income Portfolio 17%
2. Fidelity Spartan 500 Index 13%
3. Fidelity Growth Company 11%

 Retirement Plan Details

Address One Ocean Spray Drive
Lakeville-Middleboro, MA 02349 
Industry Manufacturing
Administrator Paul Wagner
Sponsor Jane Borkowski
Net Plan Assets $129,000,000
Total Participants 1,100
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Dole Food Company 80.6
Tree Top 80.4
Ateeco 62.4
NewStar Fresh Foods, LLC 55.7
Naturally Fresh 54.8
Cherry Growers 45.7

  Plan Service Providers

Investment Adviser New England Pension Consultants (NEPC)
Legal Counsel New England Pension Consultants (NEPC)
Consultant New England Pension Consultants (NEPC)
Auditor PricewaterhouseCoopers LLP

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